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Federal R eserve Bank
OF DALLAS
ROBERT

D. M c T E E R , J R .

DALLAS, TEXAS

p re s id e n t
A N D C H I E F E X E C U T IV E O F F IC E R

7 5 2 6 5 -5 9 0 6

May 21,1997

Notice 97-48

TO:

The Chief Executive Officer of each
financial institution and others concerned
in the Eleventh Federal Reserve District

SUBJECT
Marginable Over-the-Counter Stocks
and Foreign Margin Stocks
DETAILS

The Board of Governors of the Federal Reserve System has published a revised list
of over-the-counter (OTC) stocks that are subject to its margin regulations, effective May 12,
1997. Also published is the List of Foreign Margin Stocks for foreign equity securities that meet
the criteria in Regulation T. The foreign margin stocks listed are foreign equity securities
eligible for margin treatment at broker-dealers.
The Board publishes a complete list four times a year, and the Federal Register
announces additions to and deletions from the list. Included with the list is a listing of foreign
margin stocks. The complete list of OTC stocks as of May 12, 1997, is available from the Public
Affairs Department of this Bank upon request.
ATTACHMENT

A copy of the Federal Register announcement of revisions to the list of OTC stocks
and the list of foreign margin stocks as shown on pages 22881-86, Vol. 62, No. 81, dated April
28,1997, is attached.

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal
Reserve Bank of Dallas: Dallas Office (800) 333 -4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012; Houston
Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

MORE INFORMATION

For more information, please contact Eugene Coy at (214) 922-6201. For copies of
the complete list of OTC stock margins or for additional copies of this Bank’s notice, please
contact the Public Affairs Department at (214) 922-5254.
Sincerely yours,

Federal Register / Vol. 62, No. 81 / Monday, April 28, 1997 / Rules and Regulations
FEDERAL RESERVE SYSTEM
12 CFR Parts 207, 220, 221 and 224
[Regulations G, T, U and X]

Securities Credit Transactions; List of
Marginable OTC Stocks; List of
Foreign Margin Stocks

Board of Governors of the
Federal Reserve System.
ACTION: Final rule; determ ination of
applicability of regulations.
AGENCY:

The List of Marginable OTC
Stocks (OTC List) is com posed of stocks
traded over-the-counter (OTC) in the
U nited States that have been determ ined
by the Board of Governors of the Federal
Reserve System to be subject to the
m argin requirem ents u nder certain
Federal Reserve regulations. The List of
Foreign Margin Stocks (Foreign List) is
com posed of foreign equity securities
that have m et the Board’s eligibility
criteria u n d er Regulation T. The OTC
List and the Foreign List are published
four tim es a year by the Board. This
docum ent sets forth additions to and
deletions from the previous OTC List
and the previous Foreign List.
EFFECTIVE DATE: May 12, 1997.
SUMMARY:

22881

Exchange Commission (SEC).
A dditional OTC stocks m ay be
designated as NMS securities in the
interim betw een the Board’s quarterly
publications. They w ill become
autom atically marginable upon the
effective date of their NMS designation.
The nam es of these stocks are available
at the SEC and at the National
A ssociation of Securities Dealers, Inc.
and w ill be incorporated into the
Board’s next quarterly publication of the
OTC List.
Also listed below are the deletions
from and additions to the Foreign List
w hich was last published on January 27,
1997 (62 FR 3773) and became effective
February 10, 1997. A copy of the
complete Foreign List is available from
the Federal Reserve banks.
Public Comment and Deferred Effective
Date

The requirem ents of 5 U.S.C. 553 w ith
respect to notice and public
participation were not followed in
connection w ith the issuance of this
am endm ent due to the objective
character of the criteria for inclusion
and continued inclusion on the Lists
specified in 12 CFR 207.6 (a) and (b),
220.17 (a), (b), (c) and (d), and 221.7 (a)
FOR FURTHER INFORMATION CONTACT:
and (b). No additional useful
Peggy Wolffrum, Securities Regulation
inform ation w ould be gained by public
Analyst, Division of Banking
participation. The full requirem ents of 5
Supervision and Regulation, (202) 4 5 2 U.S.C. 553 w ith respect to deferred
2781, Board of Governors of the Federal
effective date have n ot been followed in
Reserve System, W ashington, D.C.
connection w ith the issuance of this
20551. For the hearing im paired only,
am endm ent because the Board finds
contact Diane Jenkins,
that it is in the public interest to
T elecom m unications Device for the Deaf facilitate investm ent and credit
(TDD) at (202) 452-3544.
decisions based in w hole or in part
SUPPLEMENTARY INFORMATION: Listed
upon the com position of these Lists as
below are the deletions from and
soon as possible. The Board has
additions to the Board’s OTC List,
responded to a request by the public
w hich was last published on January 27, and allowed approxim ately a two-week
1997 (62 FR 3773), and became effective delay before the Lists are effective.
February 10, 1997. A copy of the
List of Subjects
complete OTC List is available from the
Federal Reserve Banks.
12 CFR Part 207
The OTC List includes those stocks
Banks, Banking, Credit, Margin,
traded over-the-counter in the United
Margin requirem ents, National Market
States that m eet the criteria in
System (NMS Security), Reporting and
Regulations G, T and U (12 CFR Parts
recordkeeping requirem ents, Securities.
207, 220 and 221, respectively). This
determ ination also affects the
12 CFR Part 220
applicability of Regulation X (12 CFR
Banks, Banking, Brokers, Credit,
Part 224). These stocks have the degree
Margin, Margin requirements,
of national investor interest, the depth
Investments, National Market System
and breadth of market, and the
(NMS Security), Reporting and
availability of inform ation respecting
recordkeeping requirem ents, Securities.
the stock and its issuer to w arrant
regulation in the same fashion as
12 CFR Part 221
exchange-traded securities. The OTC
Banks, Banking, Credit, Margin,
List also includes any OTC stock
Margin requirem ents, National Market
designated for trading in the national
System (NMS Security), Reporting and
market system (NMS security) under
recordkeeping requirem ents, Securities.
rules approved by the Securities and

22882

Federal Register / Vol. 62, No. 81 / Monday, April 28, 1997 / Rules and Regulations

12 CFR Part 224
Banks, Banking, Borrowers, Credit,
Margin, Margin requirem ents, Reporting
and recordkeeping requirements,
Securities.
Accordingly, pursuant to the
authority of sections 7 and 23 of the
Securities Exchange Act of 1934, as
am ended (15 U.S.C. 78g and 78w), and
in accordance w ith 12 CFR 207.2(k) and
207.6 (Regulation G), 12 CFR 220.2 and
220.17 Regulation T), and 12 CFR
221.2(f) and 221.7 (Regulation U), there
is set forth below a listing of deletions
from and additions to the OTC List and
the Foreign List.
Deletions From the List Of Marginable
OTC Stocks
Stocks Rem oved fo r Failing Continued
Listing Requirem ents
AMERICAN EDUCATIONAL
PRODUCTS INC.
$.01 par common
AMERICAN LIFE HOLDING COMPANY
$.01 par redeem able cum ulative
preferred
ANTARES RESOURCES
CORPORATION
$.001 par common
ATS MEDICAL, INC.
W arrants (expire 03-09-97)
BANK OF LOS ANGELES
W arrants (expire 12-01-98)
BIOMAGNETIC TECHNOLOGIES, INC.
No par common
BLACK HAWK GAMING &
DEVELOPMENT COMPANY, INC.
Warrants (expire 06-30-97)
CALLOWAY’S NURSERY, INC.
$.01 par common
CERPLEX GROUP, INC., THE
$.001 par common
CHAMPION ROAD MACHINERY, LTD.
No par common
CHARTWELL LEISURE, INC.
Rights (expire 03-13-97)
CINCINNATI MICROWAVE, INC.
No par common
W arrants (expire 12-31-98)
COMMUNITY FIRST BANKSHARES,
INC.
Depositary Shares
CYTROGEN CORPORATION
W arrants (expire 01-31-97)
DIAGNOSTIC HEALTH SERVICES, INC.
W arrants (expire 06-22-98)
DIAMOND TECHNOLOGY PARTNERS,
INC.
Rights (expire 03-31-97)
ENCORE COMPUTER CORPORATION
$.01 par common
EXCEL TECHNOLOGY, INC.
Class B, w arrants (expire 02-08—
98)
FOREST OIL CORPORATION
$.75 par convertible preferred
HARISTON CORPORATION
No par common

HARVARD INDUSTRIES, INC.
Class B, $.01 par common
INDUSTRIAL HOLDINGS, INC.
Class A, w arrants (expire 01-16-97)
IWI HOLDING, LIMITED
No par common
KUSHNER-LOCKE COMPANY, THE
Warrants (expire 03-20-97)
L.A. T SPORTSWEAR, INC.
No par common
LAFAYETTE INDUSTRIES, INC.
$.01 par common
MANHATTAN LIFE INSURANCE
COMPANY
$2.00 par common
MERIS LABORATORIES, INC.
No par common
MICROCAP FUND, INC., THE
$.01 par common
MICROELECTRONIC PACKAGING,
INC.
No par common
MULTIMEDIA CONCEPTS
INTERNATIONAL, INC.
$.001 par common
NATIONAL MERCANTILE BANCORP
(CA)
No par common
NATIONSBANK CORPORATION
Depositary shares
QUANTUM CORPORATION
6% % convertible subordinated
debentures
SALICK HEALTH CARE, INC.
$.001 par common
SMT HEALTH SERVICES, INC.
W arrants (expire 03-04-97)
SPECIALTY TELECONSTRUCTORS,
INC.
Warrants (expire 11-02-99)
TELETEK, INC.
$.0001 par common
UNITED HOME LIFE INSURANCE CO.
$1.00 par common
UROHEALTH SYSTEMS, INC.
W arrants (expire 03-20-97)
Stocks Rem oved fo r Listing on a
National Securities Exchange or Being
Involved in an A cquisition
AFFILIATED COMPUTER SERVICES,
INC.
Class A, $.01 par common
AHI HEALTHCARE SYSTEMS, INC.
$.01 par common
ALLIED BANKSHARES, INC. (Georgia)
$1.00 par common
ALLIED GROUP, INC.
No par common
AMERICAN RADIO SYSTEMS
CORPORATION
Class A, $.01 par common
AMERICAN STUDIOS, INC.
$.001 par common
ARGENTBANK
$2.50 par common
ATLANTIC TELE-NETWORK, INC.
$.01 par common
AZTEC MANUFACTURING CO.

$1.00 par common
B. M. J. FINANCIAL CORP.
$1.00 par common
BABY SUPERSTORE, INC.
No par common
BAREFOOT INC.
$.01 par common
BRIDGEVILLE SAVINGS BANK, FSB
(Pennsylvania)
$.10 par common
CABLE DESIGN TECHNOLOGIES
CORPORATION
$.01 par common
CAVCO INDUSTRIES, INC.
$.10 par common
CENTRAL TRACTOR FARM &
COUNTRY INC.
$.01 par common
CHEMFAB CORPORATION
$.10 par common
CHEMPOWER, INC.
$.10 par common
CITI-BANCSHARES, INC. (Florida)
$.01 par common
CLIFFS DRILLING COMPANY
$.01 par common
CONSOLIDATED GRAPHICS, INC.
$.01 par common
DYNATECH CORPORATION
$.20 par common
EASTBAY, INC.
$.01 par common
ENERGY RESEARCH CORPORATION
$.0001 par common
EPIC DESIGN TECHNOLOGY, INC.
No par common
EZ COMMUNICATIONS, INC.
Class A, $.01 par common
FHP INTERNATIONAL CORPORATION
$.05 par common
Series A, $.05 par cumulative
convertible preferred
FIBERMARK, INC.
$.001 par common
FIDELITY FINANCIAL BANKSHARES
CORPORATION
$1.00 par common
FIRST FEDERAL BANCSHARES OF
EAU CLAIRE INC.
$.01 par common
FIRST FEDERAL SAVINGS BANK OF
BRUNSWICK, GEORGIA
$1.00 par common
FIRST STATE FINANCIAL SERVICES,
INC.
$.01 par common
FLORIDA FIRST BANCORP INC.
$1.00 par common
FORASOL-FORMER, N.V.
Common shares (par NLG 0.01)
GREAT BAY POWER CORPORATION
$.01 par common
GROVE BANK (Massachusetts)
$.10 par common
HOMELAND BANKSHARES
CORPORATION
$ 1 2 .5 0 par common
HORIZON BANCORP, INC. (Texas)
$.01 par common

Federal Register / Vol. 62, No. 81 / Monday, April 28, 1997 / Rules and Regulations
INDEPENDENCE BANCORP, INC. (New
Jersey)
$1,667 par common
INNOTECH, INC.
$.001 par com mon
IWC RESOURCES CORPORATION
No par common
KINDERCARE LEARNING CENTERS,
INC.
$.01 par common
W arrants (expire 04-01-97)
LASALLE RE HOLDINGS, LIMITED
$1.00 par comm on
LIBERTY BANCORP, INC. (Illinois)
$.01 par common
MASTEC, INC.
$.10 par common
MEDEX, INC.
$.01 par common
MIDLAND FINANCIAL GROUP, INC.
No par common
MILGRAY ELECTRONICS, INC.
$.25 par common
NEW WORLD COMMUNICATIONS
GROUP INC.
Class A, $.01 par common
NORAND CORPORATION
$.01 par common
OSBORN COMMUNICATIONS
CORPORATION
$.01 par common
OXFORD RESOURCES CORPORATION
Class A, $.01 par common
PANATECH RESEARCH AND
DEVELOPMENT CORPORATION
$.01 par common
PROVIDENCE AND WORCESTER
RAILROAD COMPANY
$.50 par common
QUALITY FOOD CENTERS, INC.
$.001 par common
RESEARCH MEDICAL, INC.
$.50 par common
RIVERSIDE NATIONAL BANK
(California)
$1.25 par common
SCI SYSTEMS, INC.
$.10 par common
SDNB FINANCIAL CORP.
No par common
SECURITY BANCORP (Montana)
$1.00 par common
SOFTDESK INC.
$.01 par com mon
SOUTHWEST BANKS, INC.
$.10 par common
SQA INC.
$.01 par common
SQUARE INDUSTRIES, INC.
$.01 par common
STROBER ORGANIZATION, INC.
$.01 par common
SUIZA FOODS CORPORATION
$.01 par common
SYSTEMIX, INC.
$.01 par common
TARGET THERAPEUTICS, INC.
$.0025 par common
THERATX, INCORPORATED

$.001 par common
TOMPKINS COUNTY TRUSTCO, INC.
(New York)
$1.66% par common
TOWER AUTOMOTIVE, INC.
$.01 par common
TPI ENTERPRISES, INC.
$.01 par common
TRIAD SYSTEMS CORPORATION
$.01 par common
TROY HILL BANCORP, INC.
(Pennsylvania)
$.01 par common
TSX CORPORATION
$.01 par common
TYLAN GENERAL INC.
$.001 par common
UNITED AIR SPECIALISTS, INC.
No par common
VALLICORP HOLDINGS, INC.
$.01 par common
VENTURA COUNTY NATIONAL
BANCORP
No par common
VIDEO SENTRY CORPORATION
$.01 par common
VITALINK PHARMACY SERVICES,
INC.
$.01 par common
Additions to The List of Marginable
OTC Stocks
1ST SOURCE CORPORATION
Fixed rate cum ulative trust preferred
securities of 1st Source Capital
Trust
Floating rate cum ulative trust
preferred securities of 1st Source
Capital Trust
AASTROM BIOSCIENCES, INC.
No par common
ACCELGRAPHICS, INC.
$.001 par common
AGRIBIOTECH, INC.
$.001 par common
AHL SERVICES, INC.
$.01 par common
ALLIANCE IMAGING, INC.
$.01 par common
AMERICAN BUSINESS FINANCIAL
SERVICES, INC.
$.001 par common
AMERITRADE HOLDING
CORPORATION
Class A, $.01 par common
AMERUS LIFE HOLDINGS, INC.
Class A, no par common
APEX PC SOLUTIONS, INC.
No par common
ATL PRODUCTS, INC.
Class A, $.0001 par common
BANK OF SANTA CLARA
No par common
BEA SYSTEMS, INC.
$.001 par common
BIORA AB
Am erican Depository Receipts
BIOSITE DIAGNOSTIC, INC.
$.01 par common

22883

BIRMAN MANAGED CARE, INC.
$.001 par common
BRUNSWICK TECHNOLOGIES, INC.
No par common
CAPITAL CITY BANK GROUP (Florida)
$.01 par common
CELL THERAPEUTICS, INC.
No par common
CERUS CORPORATION
$.001 par common
CIENA CORPORATION
$.01 par common
CITIZENS FINANCIAL CORPORATION
Class A, no par common
COAST BANCORP (California)
No par common
COAST DENTAL SERVICES, INC.
$.001 par common
COLDWATER CREEK, INC.
$.01 par common
COLONIAL DOWNS HOLDINGS, INC.
Class A, $.01 par common
COMMUNITY CARE SERVICES, INC.
$.01 par common
COMMUNITY FIRST BANKSHARES,
INC.
Cumulative capital securities
$25 liquidation
COMMUNITY TRUST BANCORP, INC.
No par preferred stock
COULTER PHARMACEUTICAL, INC.
$.001 par common
CRESUD S.A.C.I.F. Y. A.
Am erican Depositary Receipts
CRYSTAL SYSTEMS SOLUTIONS,
LTD.
Ordinary shares (NIS .01)
DAOU SYSTEMS, INC.
$.001 par common
DATA SYSTEMS NETWORK
CORPORATION
$.01 par common
DATAMARK HOLDING, INC.
$.0001 par common
DELTEK SYSTEMS, INC.
$.001 par common
DIAMOND TECHNOLOGY PARTNERS,
INC.
Class A, $.001 par common
DIGITAL LIGHTWAVE, INC.
$.0001 par common
EARTHLINK NETWORK, INC.
$.01 par common
EDGE PETROLEUM CORPORATION
$.01 par common
ELTEK LTD.
Ordinary Shares (NIS .6)
EMCORE CORPORATION
No par common
EMPIRE FEDERAL BANCORP, INC.
(Montana)
$.01 par common
ENCORE MEDICAL CORPORATION
$.001 par common
W arrants (expire 03-08-2003)
ENDOCARDIAL SOLUTIONS, INC.
$.01 par common
ENSTAR, INC.
$.01 par common

22884

Federal Register / Vol. 62, No. 81 / Monday, April 28, 1997 / Rules and Regulations

ENVIRONMENT/ONE CORPORATION
$.10 par common
EPIX MEDICAL, INC.
$.01 par common
ERGOBILT, INC.
$.01 par com m on
ESPRIT TELECOM GROUP PLC
Am erican Depositary Receipts
EURONET SERVICES, INC.
$.01 pax common
FIELDWORKS, INCORPORATED
$.001 par common
FIRST AVIATION SERVICES, INC.
$.01 par common
FIRST BANKS, INC. (Missouri)
No par cum ulative trust preferred
securities
FIRST STERLING BANKS, INC.
No par common
FIRSTFED BANCORP, INC. (Alabama)
$.01 par common
FONIX CORPORATION
$.0001 par common
FOUR MEDIA COMPANY
$.01 par common
FREEPAGES GROUP PLC
Am erican D epositary Receipts
FULTON BANCORP, INC.
$.01 par common
GEOGRAPHICS, INC.
W arrants (expire 06-01-99)
GFSB BANCORP, INC.
$.10 par common
GREATER BAY BANCORP (California)
9.75% cum ulative trust preferred
GREEN MOUNTAIN COFFEE, INC.
$.01 par common
GS FINANCIAL CORPORATION
$.01 par com m on
GUARANTY FINANCIAL
CORPORATION
$1.25 par common
GUITAR CENTER, INC.
$.01 par common
GULF ISLAND FABRICATION, INC.
No par common
HAMILTON BANCORP, INC. (Florida)
$.01 par common
HEMLOCK FEDERAL FINANCIAL
CORPORATION
$.01 par common
HIGH POINT FINANCIAL
CORPORATION
No par common
HOMELAND HOLDING
CORPORATION
$.01 par common
HOSPITALITY WORLDWIDE
SERVICES, INC.
$.01 par common
HUMASCAN, INC.
$.01 par common
IAT MULTIMEDIA, INC.
$.01 par common
ICG COMMUNICATIONS, INC.
$.01 par common
ILEX ONCOLOGY, INC.
$.01 par common
ILOG S.A.

Am erican Depositary Receipts
IMAGE GUIDED TECHNOLOGIES, INC.
No par common
INTERSTATE NATIONAL DEALER
SERVICES, INC.
W arrants (expire 07-22-99)
IONA TECHNOLOGIES, PLC
Am erican Depositary Receipts
JACOR COMMUNICATIONS, INC.
Warrants (expire 02-27-2002)
JAKKS PACIFIC, INC.
$.001 par common
JEFFBANKS, INC.
9.25% no pax preferred securities
JENNA LANE, INC.
$.01 par common
Class A, w arrants (expire 03-19-2000)
JUDGE GROUP, INC., THE
$.01 par common
KNIGHTSBRIDGE TANKERS, LTD.
$.01 par common
KOS PHARMACEUTICALS, INC.
$.01 par common
LOGITECH INTERNATIONAL S.A.
Am erican Depositary Receipts
MACROVISION CORPORATION
$.01 par common
MANSUR INDUSTRIES, INC.
$.001 par common
MEADE INSTRUMENTS
CORPORATION
$.01 par common
MEDIALINK WORLDWIDE
INCORPORATED
$.01 pax common
MEDICAL MANAGER CORPORATION
$.01 par common
MEDIRISK, INC.
$.001 par common
METRO INFORMATION SERVICES,
INC.
$.01 par common
MICRO THERAPEUTICS, INC.
$.001 par common
MISSISSIPPI VALLEY BANCSHARES,
INC.
Floating xate cum ulative txust—
pxefexxed securities of MVBI Capital
Trust
MULTIMEDIA GAMES, INC.
$.01 par common
NACT TELECOMMUNICATIONS, INC.
$.01 par common
NAMIBIAN MINERALS
CORPORATION
No par common
NATIONAL AUTO FINANCE
COMPANY, INC.
$.01 par common
NEOMAGIC CORPORATION
$.001 par common
NETCOM SYSTEMS, AB
Am erican Depositary Receipts
NETSMART TECHNOLOGIES, INC.
$.01 par common
NEWSOUTH BANCORP, INC. (North
Carolina)
$.01 par common
NEXAR TECHNOLOGIES, INC.

$.01 par common
NOVATEL, INC.
No par common
OLD GUARD GROUP, INC.
No pax common
OMNIQUIP INTERNATIONAL, INC.
$.01 pax common
ORTEC INTERNATIONAL, INC.
$.001 pax common
OVERLAND DATA, INC.
No par common
PACIFICARE HEALTH SYSTEMS, INC.
Series A,
$1.00 par cum ulative convertible
preferred
P AT,EX, INC.
$.01 par common
PEOPLES FINANCIAL CORPORATION
No par common
PEREGRINE SYSTEMS, INC.
$.001 par common
PERPETUAL BANK, A FEDERAL
SAVINGS BANK (South Carolina)
$1.00 par common
PHOTOELECTRON CORPORATION
$.01 par common
PHYSICIANS’ SPECIALITY
CORPORATION
$.001 pax common
PREMIER RESEARCH WORLDWIDE,
INC.
$.01 par common
PRIME CAPITAL CORPORATION
$.05 par common
PROMEDCO MANAGEMENT
COMPANY
No par common
QUALIX GROUP, INC.
$.001 par common
RADIANT SYSTEMS, INC.
No par common
RAIL AMERICA, INC.
$.001 par common
RANDGOLD & EXPLORATION
COMPANY LTD.
Am erican Depositary Receipts
ROYALE ENERGY, INC.
No par common
SAVANNAH BANCORP, INC., THE
$1.00 par common
SEARCH CAPITAL GROUP, INC.
$.01 par common
$.01 par preferred stock
SEMICONDUCTOR LASER
INTERNATIONAL CORPORATION
$.01 par common
SIGNATURE INNS, INC.
No pax common
Sexies A, cum ulative convertible
preferred
SILGAN HOLDINGS, INC.
$.01 par common
SOURCE CAPITAL CORPORATION
No par common
SOUTHWEST BANCORPORATION OF
TEXAS, INC.
$1.00 par common
SPECIAL METALS CORPORATION
$.01 par common

Federal Register / Vol. 62, No. 81 / Monday, April 28, 1997 / Rules and Regulations
SPECIALITY CARE NETWORK, INC.
$.001 pax common
SPINNAKER INDUSTRIES, INC.
No pax common
STOCKER & YALE, INC.
$.001 pax common
STORAGE DIMENSIONS, INC.
$.005 par common
SUN BANCORP, INC. (New Jexsey)
9.85% pxefexxed stock
TANGRAM ENTERPRISE SOLUTIONS,
INC.
$.01 pax common
TEMPLATE SOFTWARE, INC.
$.01 pax common
TOTAL CONTROL PRODUCTS, INC.
No par common
TOTAL WORLD
TELECOMMUNICATIONS, INC.
$.00001 par common
TRANSCRYPT INTERNATIONAL, INC.
$.01 par common
VALLEY NATIONAL GASES, INC.
$.001 pax common
VDI MEDIA
No par common
VISTANA, INC.
$.01 pax common
VYREX CORPORATION
$.001 pax common
WALBRO CORPORATION
Convertible trust p refened secuxities
WESLEY JESSEN VISIONCARE, INC.
$.01 par common
WINTRUST FINANCIAL
CORPORATION
No par common
YURIE SYSTEMS, INC.
$.01 par common
ZINDART LIMITED
Am erican Depositary Receipts

MITSUI CONSTRUCTION CO., LTD.
¥ 50 par common
NICHIEI CONSTRUCTION CO., LTD.
¥ 50 pax common
NIHON NOSAN KOGYO K.K.
¥ 50 pax common
NIPPON DENSETSU KOGYO CO., LTD.
¥ 50 pax common
NISSHA PRINTING CO., LTD.
¥ 50 pax common
RAITO KOGYO CO., LTD.
¥ 50 pax common
SENSHUKAI CO., LTD.
¥ 50 par common
SHOKUSAN JUTAKU SOGO CO., LTD.
¥ 50 par common
SUMITOMO CONSTRUCTION CO.,
LTD.
¥ 50 par common
TAIHEI DENGYO KAISHA, LTD.
¥ 50 par common
TAKAOKA ELECTRIC MFG. CO., LTD.
¥ 50 par common
TOA STEEL CO., LTD.
¥ 50 pax common
TOENEC CORPORATION
¥ 50 pax common
TOKUYAMA SODA CO., LTD.
¥ 50 pax common
TSUMURA & CO.
¥ 50 par common
YAOHAN JAPAN CORPORATION
¥ 50 par common
SOUTH AFRICA
MIDDLE WITWATERSRAND
(WESTERN AREA) LTD.
Ordinary shares, par 0.01 South
African land
SWEDEN

Deletions From the Foreign Margin List

STADSHYPOTEK AB
A Fiee Shaies, par 10 Sw edish krona

BRAZIL

TAILAND

COMPANHIA SUZANO DE PAPEL
CELULOSE PN
No par non-voting, preferred
LOJAS AMERICANAS S.A.
No par common

FINANCE ONE PUBLIC CO., LTD.
O rdinary shares, par 10 Thai baht
INTERNATIONAL COSMETICS PUBLIC
CO., LTD.
Ordinary shares, par 10 Thai baht
UNIVEST LAND PUBLIC CO., LTD.
Common shares, pax 10 Thai baht

HONG KONG
WINSOR INDUSTRIAL CORPORATION
LTD.
HK$.50 par ordinary shares
JAPAN
AT&T GLOBAL INFORMATION
SOLUTIONS JAPAN, LTD.
¥50 par common
CENTRAL FINANCE CO., LTD.
¥50 par common
GODO STEEL, LTD.
¥50 par common
JAPAN DIGITAL LABORATORY CO.,
LTD.
¥50 par common
KEIYO CO., LTD.
¥50 par common

22885

No par common
LIGHT PARTICIPACOES, S.A. (LIGHT
PAR)
No par common
UNIAO DE BANCOS BRASILEIRAS
S.A.
No par non-voting, preferred
HONG KONG
CHINA OVERSEAS LAND &
INVESTMENT, LTD.
HK$.10 par ordinary shares
CHINA RESOURCES ENTERPRISE,
LTD.
HK$1.00 par ordinary shares
COSCO PACIFIC, LTD.
HK$.50 pen ordinary shares
GUANDONG INVESTMENT, LTD.
HK$.50 par ordinary shares
KERRY PROPERTIES, LTD.
HK$.10 par ordinary shares
PEARL ORIENTAL HOLDINGS, LTD.
HK$.10 par oidinary shaxes
TSIM SHA TSUI PROPERTIES, LTD.
HK$.20 par ordinary shaies
IT A L Y
H.P.I. SPA
Oxdinaxy shares, par 5000 lira
JAPAN
ACOM CO., LTD.
¥ 50 par common
DDI CORPORATION
¥ 5000 par common
NICHIEI CO., LTD.
¥ 50 par common
NTT DATA CORPORATION
¥ 50,000 par common
ORIENTAL LAND CO., LTD.
¥ 50 par common
PROMISE CO., LTD.
¥ 50 par common
WEST JAPAN RAILWAY CO.
¥50,000 par common
SO U TH AFRICA
AVMIN LIMITED
Ordinary shares, par .01 South
African rand

UNITED KINGDOM

SWITZERLAND

INVESCO PLC
Ordinary shares, par 25 p
LONDON ELECTRICITY PLC
Ordinary shares, par 50 p
YORKSHIRE ELECTRICITY GROUP
PLC
Ordinary shares, par .5 6 8 2 p

CIBA SPECIALTY CHEMICALS
HOLDINGS AG
Registered shares, par 10 Swiss francs
THAILAND

Additions to the Foreign Margin List

ICC INTERNATIONAL PUBLIC CO.,
LTD.
O rdinary shares, par 10 Thai baht

BRAZIL

UNITED KINGDOM

CENTRAIS ELETRICAS BRASILEIRAS
S.A. (ELETROBRAS)
No par common
COMPANHIA SIDERURGIA
NACIONAL

AMVESCO PLC
O rdinary shares, par 25 p
By order of the Board of Governors of the
Federal Reserve System, acting by its Director
of the Division of Banking Supervision and

22886

Federal Register / Vol. 62, No. 81 / Monday, April 28, 1997 / Rules and Regulations

Regulation pursuant to delegated authority
(12 CFR 265.7(f)(10)), A pril 23, 1997.
W illiam W. W iles,

Secretary of the Board.
[FR Doc. 97-10838 Filed 4 -2 5 -9 7 ; 8:45 am]
BILLING CODE 6210—
01-P


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102